The Houston Rockets plan to decline the fourth-year option on forward Chandler Parsons' contract, freeing him to become a restricted free agent this summer, league sources told Yahoo Sports.

For the Rockets, there are two distinct advantages to letting Parsons into restricted free agency now. First, Houston is determined to clear the necessary salary cap space this summer to chase a third maximum contract free agent to join Dwight Howard and James Harden, league sources tell Yahoo Sports.

Houston plans to pursue the major stars who could be available upon opting out of deals, including Miami's LeBron James and Chris Bosh, and New York's Carmelo Anthony, league sources said. Dallas' Dirk Nowitzki is expected to be a target too.

The rockets should definitely push to get Bosh if he opts out. To me he's the only realistic one on that list.for him it would be perfect, going back to Texas, and can possibly rejuvenate his ego after being unfairly judged along side wade and james.

The Denver Nuggets have some options going into the 2014 draft, and they're apparently exploring them.

According to The Denver Post's Christopher Dempsey, "The Nuggets have already taken — and made — their fair share of trade phone calls concerning their draft pick weeks ahead of the NBA draft."

Per Dempsey, general manager Tim Connelly admitted, "We've had a lot of conversations about a ton of different things — picks, trades. We're pretty active right now."

Denver holds the No. 11 selection in this summer's draft, which stands to be very attractive to any number of teams looking to either move up in the draft or move down and secure an additional pick. The Nuggets could look acquire a veteran by trading with the former, or to move up in the draft by dealing with the latter.

The Philadelphia 76ers would take Andrew Wiggins with the first overall pick and they have actually engaged the Cleveland Cavaliers in regards to trading up.The 76ers wouldn't give up the No. 10 pick to move up from No. 3, but trading Thaddeus Young is a possibility.*

Wiggins' camp prefers the 76ers as the best possible fit.If Wiggins isn't available at No. 3, they will likely take the player still on the board between Joel Embiid and Jabari Parker, though Dante Exum hasn't been ruled out